The Distance Plus partnership has the following capital balances at the beginning of the current year along with respective profit and loss percentages Tiger (50%) Phil (20%) Ernie (30%) $ 135,000 105,000 120, Each of the following questions should be viewed independently o. If Sergio invests $150.000 in cash in the business for a 20 percent interest, what journal entry is recorded? Assume that the bonus method is used b. If Sergio invests $80,000 in cash in the business for a 20 percent interest, what journal entry is recorded? Assume that the bonus c. If Sergio Invests $100.000 in cash in the business for a 20 percent interest, what journal entry is recorded? Assume that the goodwill method is used method is used Complete this question by entering your answers in the tabs below. Required A Required Required If Setglo invests $150,000 in cash in the business for a 20 percent interest, what journal entry is recorded? Assume that the bonus method is used. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Required A Required B Required If Sergio invests $150,000 in cash in the business for a 20 percent interest, what journal entry is recorded? method is used. (If no entry is required for a transaction/event, select "No journal entry required in the first View transaction list 5:50 Journal entry worksheet